Corient IA LLC Acquires Shares of 4,000 Pentair plc $PNR

Key Points

• Corient IA LLC has acquired a new stake in Pentair plc, purchasing 4,000 shares valued at approximately $350,000 during the first quarter.
• Pentair's stock showed strong price performance, opening at $105.04, with a market cap of $17.22 billion and a PE ratio of 28.70.
• Analysts have raised their price targets for Pentair, with recommendations ranging from "buy" to "outperform," reflecting a consensus rating of "Moderate Buy."

Corient IA LLC acquired a new stake in shares of Pentair plc (NYSE:PNR - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,000 shares of the industrial products company's stock, valued at approximately $350,000.

Other institutional investors have also added to or reduced their stakes in the company. Parvin Asset Management LLC acquired a new position in Pentair during the fourth quarter valued at approximately $25,000. Opal Wealth Advisors LLC acquired a new position in Pentair during the first quarter valued at approximately $28,000. NBC Securities Inc. bought a new stake in shares of Pentair during the first quarter worth $33,000. Colonial Trust Co SC increased its holdings in shares of Pentair by 230.8% during the fourth quarter. Colonial Trust Co SC now owns 344 shares of the industrial products company's stock worth $35,000 after buying an additional 240 shares in the last quarter. Finally, Horizon Financial Services LLC acquired a new position in shares of Pentair during the first quarter worth $38,000. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on PNR shares. Stifel Nicolaus upped their price target on shares of Pentair from $104.00 to $124.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Mizuho upped their price target on shares of Pentair from $118.00 to $122.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. Bank of America downgraded shares of Pentair from a "neutral" rating to an "underperform" rating and lowered their price target for the stock from $106.00 to $100.00 in a report on Tuesday, July 29th. Robert W. Baird upped their price target on shares of Pentair from $107.00 to $121.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. Finally, Citigroup reiterated a "buy" rating and set a $125.00 price target (up from $99.00) on shares of Pentair in a report on Monday, July 14th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $114.36.

Pentair Trading Up 3.9%

Shares of Pentair stock traded up $4.0520 during trading on Friday, hitting $108.4920. The company's stock had a trading volume of 1,257,989 shares, compared to its average volume of 1,523,228. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.45 and a quick ratio of 0.84. Pentair plc has a 52 week low of $74.25 and a 52 week high of $110.71. The stock has a market cap of $17.79 billion, a price-to-earnings ratio of 29.64, a price-to-earnings-growth ratio of 2.00 and a beta of 1.07. The stock has a 50-day moving average price of $103.72 and a two-hundred day moving average price of $95.81.

Pentair (NYSE:PNR - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The industrial products company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.33 by $0.06. The business had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.12 billion. Pentair had a net margin of 14.86% and a return on equity of 21.62%. The business's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.22 earnings per share. Pentair has set its Q3 2025 guidance at 1.160-1.20 EPS. FY 2025 guidance at 4.750-4.85 EPS. Equities research analysts anticipate that Pentair plc will post 4.77 EPS for the current fiscal year.

About Pentair

Pentair plc provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan. The company operates through three segments: Flow, Water Solutions, and Pool. The Flow segment designs, manufactures, and sells fluid treatment and pump products and systems, including pressure vessels, gas recovery solutions, membrane bioreactors, wastewater reuse systems and advanced membrane filtration, separation systems, water disposal pumps, water supply pumps, fluid transfer pumps, turbine pumps, solid handling pumps, and agricultural spray nozzles for fluid delivery, ion exchange, desalination, food and beverage, separation technologies in the oil and gas industry, residential and municipal wells, water treatment, wastewater solids handling, pressure boosting, circulation and transfer, fire suppression, flood control, agricultural irrigation, and crop spray in residential, commercial, and industrial markets.